Summary: DLF Home Developers and Trident Realty sold all 416 units of The Westpark Phase 1 in Mumbai, generating over ₹2,300 crore in under a week, marking DLF’s Mumbai entry, with shares trading at ₹829.
India’s equity benchmarks declined in early trading on Friday, led by losses in Bajaj Finance amid asset quality concerns. Investors also assessed the recently signed India-UK trade pact, aimed at reducing tariffs on goods including textiles, whisky, and cars.
As of 9:55 a.m. IST, the Nifty 50 had slipped 0.53 per cent to 24,930.9, while the BSE Sensex dropped 0.45 per cent to 81,807.28.
Meanwhile, DLF Home Developers Ltd and Trident Realty sold all 416 units of The Westpark Phase 1 in Andheri West, Mumbai, clocking sales of over ₹2,300 crore in under a week.
DLF Home Developers Ltd, a wholly-owned subsidiary of DLF Ltd., India’s largest listed real estate company, in collaboration with Trident Realty, announced the complete sellout of all four towers launched in Phase 1 of The Westpark.
The residential project in Andheri West, Mumbai, achieved sales exceeding ₹2,300 crore, marking DLF’s strategic entry into Mumbai’s residential real estate market and its expansion across western India.
Mumbai remains central to DLF’s national growth strategy. Initially, two towers were launched, but strong demand led to the release and sellout of all four towers, comprising 416 units, in less than a week—a notable feat in a market usually marked by gradual absorption.
Spanning about 5.18 acres, The Westpark is part of a 10-acre master plan featuring eight towers. Phase 1 includes four 37-storey towers with 416 residences: 3 and 4 BHK units (1,125–2,500 sq. ft. carpet area) and select penthouses. Designs are by HB Design, with structural inputs from Thornton Tomasetti, interiors by BLINK, and landscaping by SHMA. The phase offers 845 dedicated car parking spaces plus visitor parking.
The development centres on a 6,000 sq. metre (1.46-acre) landscaped podium, the Eco Deck, featuring tropical gardens, panoramic views, and a 25-metre pool. A 50,000 sq. ft. (4,645 sq. metre) lifestyle hub provides fitness and yoga studios, meditation decks, co-working spaces, lounges, and areas for children and seniors. Leisure options include a bowling alley, VR gaming, and an all-season indoor badminton court.
Amenities prioritise wellness with a half Olympic-size pool, 1.2 km walking track, yoga spaces, and sports areas. Security features include a four-tier system with CCTV, access-controlled lobbies, 24/7 patrolling, and RFID parking. Towers comply with Zone 3 earthquake standards and have advanced fire safety systems.
Located off Link Road, Andheri West, the project offers connectivity via the Western Express Highway, SV Road, New Link Road, and upcoming Coastal Road and JVLR extensions, with nearby metro access. The Westpark Phase 1 is MahaRERA-registered (PR1181012500079), valid until June 30, 2032.
On Friday, DLF share price advanced over 0.8% as the company announced the completion of all four towers launched in Phase 1 of The Westpark. As of 10:40 am IST, the stock price was trading at ₹829 per share, up by 0.01%. Currently, the stock price is trading 10.65% down from the 52-week high.
On a year-to-date basis, the stock is up by 1% while in the last 12 months it has gained only 1.37%. In the shorter term of 3 months, the share price has surged over 21% while in the longer period of 5 years, it is up by 496%.
Disclaimer: The article is for informational purposes only and not investment advice.
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